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Some algae species are 50% or more lipid oil by weight. This oil may be pressed from the algae and refined into diesel. The process for extracting algal oil, at its simplest level, resembles pressing an olive. Up to 75% from the oil might be squeezed from algae using a simple mechanical press. Hexane might be used being a solvent to raise extraction up to 95%. Once extracted, the oil is refined through transesterification. A catalyst including sodium hydroxide is combined with alcohol to make biodiesel and glycerol. Price means the interest rate of which the merchandise can be bought. A number of factors are involved in determining the price tag on a product. These include competition, business, product identity, material costs as well as the value customers perceive of something. In fact cost is also driven by competitor's products. If the competitors have similar product, then the cost of something will go down.

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